Borregaard ASA (Norway) Price on November 18, 2024

BRG Stock  NOK 177.00  0.20  0.11%   
If you're considering investing in Borregaard Stock, it is important to understand the factors that can impact its price. As of today, the current price of Borregaard ASA stands at 177.00, as last reported on the 20th of December, with the highest price reaching 177.00 and the lowest price hitting 175.40 during the day. Borregaard ASA secures Sharpe Ratio (or Efficiency) of -0.0819, which signifies that the company had a -0.0819% return per unit of risk over the last 3 months. Borregaard ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Borregaard ASA's Mean Deviation of 1.03, standard deviation of 1.39, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Borregaard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0819

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Estimated Market Risk

 1.36
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Borregaard ASA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Borregaard ASA by adding Borregaard ASA to a well-diversified portfolio.

Borregaard ASA Valuation on November 18, 2024

It is possible to determine the worth of Borregaard ASA on a given historical date. On November 18, 2024 Borregaard was worth 182.8 at the beginning of the trading date compared to the closed value of 182.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Borregaard ASA stock. Still, in general, we apply an absolute valuation method to find Borregaard ASA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Borregaard ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Borregaard ASA's related companies.
 Open High Low Close Volume
  182.60    183.40    180.40    183.40    64,038  
11/18/2024
  182.80    182.80    180.20    182.40    106,177  
  182.00    183.20    181.80    182.00    81,180  
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Open Value
182.8
178.73
Downside
182.4
Closing Value
186.87
Upside

Borregaard ASA Trading Date Momentum on November 18, 2024

On November 19 2024 Borregaard ASA was traded for  182.00  at the closing time. The maximum traded price for the trading interval was 183.20  and the lowest daily price was  181.80 . The daily volume was recorded at 81.2 K. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.22% . The overall trading delta to the closing price today is 0.33% .

Borregaard ASA Fundamentals Correlations and Trends

By evaluating Borregaard ASA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Borregaard ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Borregaard financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Borregaard ASA Stock history

Borregaard ASA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Borregaard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Borregaard ASA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Borregaard ASA stock prices may prove useful in developing a viable investing in Borregaard ASA
Borregaard ASA develops, produces, and supplies biomaterials, biochemicals, and biofuels in Norway, rest of Europe, the United States, Asia, and internationally. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway. BORREGAARD ASA operates under Specialty Chemicals classification in Norway and is traded on Oslo Stock Exchange. It employs 1097 people.

Borregaard ASA Stock Technical Analysis

Borregaard ASA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Borregaard ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Borregaard ASA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Borregaard ASA Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Borregaard ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Borregaard ASA December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Borregaard ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Borregaard ASA shares will generate the highest return on investment. By undertsting and applying Borregaard ASA stock market strength indicators, traders can identify Borregaard ASA entry and exit signals to maximize returns

Borregaard ASA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Borregaard ASA's price direction in advance. Along with the technical and fundamental analysis of Borregaard Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Borregaard to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Borregaard Stock

Borregaard ASA financial ratios help investors to determine whether Borregaard Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Borregaard with respect to the benefits of owning Borregaard ASA security.